Philippine taxation

Latest issues

The new rule on waivers: a taxpayer’s gamble

05 May 2016

Casino Rule: The house always wins. Something to keep in mind for who study the tax system, particularly in light of the recent policy turnaround in regard to the waiver of the Statute of Limitations.

Give to Caesar what is due to Caesar

28 Apr 2016

The upcoming national and local elections remind us to exercise our right of suffrage, or the right to elect officials who will best serve the country. It is not only a right but also a responsibility that is entrusted to every eligible citizen in the country. However, as responsible citizens, we should also pay our share of taxes.

Tax Alert No. 17 [Revenue Memorandum Order No. 14-2016 dated 4 April 2016]

21 Apr 2016

Guidelines for the execution of waivers from the Defense of Prescription

Tax Alert No. 17 [Revenue Memorandum Order No. 14-2016 dated 4 April 2016]

21 Apr 2016

Guidelines for the execution of waivers from the Defense of Prescription

Read all Tax Alerts

The new rule on waivers: a taxpayer’s gamble

05 May 2016

Casino Rule: The house always wins. Something to keep in mind for who study the tax system, particularly in light of the recent policy turnaround in regard to the waiver of the Statute of Limitations.

Read all Taxwise or Otherwise

Amendments to IFRS 11, ‘Joint arrangements’ for acquisitions of interest in joint operations (CAL March 2016)

08 Apr 2016

The International Accounting Standards Board has amended International Financial Reporting Standard (IFRS) 11, Joint Arrangements, to provide specific guidance on accounting for the acquisition of an interest in a joint operation (‘JO’) that is a business. The amendments address diversity in practice related to the accounting for these transactions.

Read all Client Advisory Letters

2016 Tax calendar

28 Dec 2012

This calendar lists all important payments and registration schedules from the BIR, SEC and other agencies.

National Internal Revenue Code of 1997

06 Sep 2007

A codal version of National Internal Revenue Code of 1997 (Tax Code). Including RR 10-2008, RR 16-2008,Consolidated Withholding Tax Regulations, Consolidated Fringe Benefits Tax Regulations

CWT and FBT Regulations Handbook: Philippines 2006

13 Aug 2013

Consolidated Withholding Tax (CWT) and Fringe Benefits Tax (FBT) Regulations Handbook: Philippines 2006